Management have dug themselves into a giant hole and now they're asking the long suffering shareholders to fill in the chasm .... not this little black duck.
Can anyone give me a good reason why SHs would consider reinvesting at 0.1 cent when you can buy for 0.1 cent on the market? GGP have walked away from FP, an indication of their take on the prospect of success. Management had the funds to drill FP but decided, in their wisdom to pursue Sidi and all the other failures. If GL believes this another uneducated, unhelpful post, he's correct. Uneducated because I should have run away from vil when things first started going wrong. Unhelpful because there's not a snowball's chance in hell I'll be participating in this CR. Over & out.
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.